What is the lorenz curve, What is the Lorenz curve? What

What is the lorenz curve

Assignment Help Econometrics

Reference no: EM131335167

1. What is the Lorenz curve? What would the curve look like if income were equally distributed? Could the curve ever bow upward above the line of income equality?

2. Why does the health of the economy affect the number of people living in poverty?

3. What would it mean if the poverty income level of the United States were applied to Mexico?

Reference no: EM131335167

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What is the lorenz curve : What is the Lorenz curve? What would the curve look like if income were equally distributed? Could the curve ever bow upward above the line of income equality?

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